For me last week included Orange County and Connecticut, this week Memphis and So Cal, and next week Atlanta. I find it curious when a flight attendant says, “We’ve begun our initial descent into (wherever).” Why initial? I hope there isn’t another decent after this one on a flight. There are plenty of industry vets fearing another “decent” by mainstream residential lending in credit quality, and even the public sees it when the WSJ publishes, “No Pay Stub? No Problem. Unconventional Mortgages Make a Comeback: Lenders are turning to borrowers with harder-to-document finances, helping drive growth in the kind of home loans panned for its role in housing meltdown .” Lender Products and Services Community Banks and Credit Unions: If you would like…(read more)